TY - JOUR ID - 24324 TI - Influential Factors of the Export of Hand-woven Carpet from Transaction Cost Economics Perspective JO - Journal of Economic Research (Tahghighat- E- Eghtesadi) JA - JTE LA - en SN - 0039-8969 AU - Mahdavi, Abolghasem AU - nasiri aghdam, ali AD - Y1 - 2011 PY - 2011 VL - 46 IS - 4 SP - 227 EP - 263 KW - and Discrete Dependent Variable Models KW - Export Channel KW - Hand-Woven Carpet KW - Make or Buy Decision KW - Oliver Williamson KW - Outsourcing KW - Transaction cost economics DO - N2 - Make or buy decision is one of the main areas of decision making for managers. Transaction cost economics (TCE), as an influential economic approach to the theory of the firm, tries to put forward a theoretical framework for this important decision. From TCE perspective, the greater the asset specificity, the more the behavioral uncertainty and the more the transaction frequency, the more will be the probability for the firm to decide on make rather than buy. Of course, this theoretical prediction is recommendable to managers only if empirical data supports it. The purpose of this paper is the empirical evaluation of TCE's hypotheses by employing data about the decision making of exporters of hand-woven carpets, collected through survey. The results confirm the theory's prediction about the asset specificity of the firm but do not confirm the expected effects of behavioral uncertainty and frequency of transactions on exports. JEL Classification: L2, B21, C32, D2 UR - https://jte.ut.ac.ir/article_24324.html L1 - https://jte.ut.ac.ir/article_24324_5a8a3b2251fb8924e2d13a7eab29893a.pdf ER -